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How many shares would US100M buy in this company

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anabasis

67 Posts.

14/01/16

19:25

Post #: 16798602
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Originally posted by MeToo ↑

Have read the ann. In my opinion the major concern is with the headline:

Landmark agreement provides for US$100,000,000.00 finance facility TO BE ESTABLISHED by JV partner for Pearl Global expansion.

In my opinion and it's open for discussion, the above seems to imply they have the $100m and it only requires establishment!

Then later in smaller print: US$100M financing facility to be PROCURED and made available by Centricity or it's financing partners.

Again, in my opinion and this to is open to discussion, the above says they have a piece of paper that says someone will TRY and arrange the $100m and there is nothing to say that they have the finance in place or that the potential partners or their un named financing partners will be able to arrange the $100m

Hmmmmmm.... Directors speak, sure sounds like it!

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How many shares would US100M buy in this company

CTR Price at posting: 7.0¢ Sentiment: None Disclosure: Not Held
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